TABLE 12. Fall onions, flood-irrigated, budgeted per acre costs and returns for a farm with above
average management, Dona Ana and Sierra Counties, 2001.
Planting Dates: October 1 - October 15
Harvesting Dates: June 1 - July 15
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ITEM PRICE YIELD TOTAL
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GROSS RETURNS
FALL ONIONS $5.70 825.00 SACKS $4,702.50
_______
TOTAL $4,702.50
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PURCHASED
PURCHASED INPUTS PRICE QUANTITY INPUTS TOTAL
--------- ------ ----- ------- ----- ------ ------
SEED $30.00 4 LBS $120.00 $120.00
NITROGEN (N) $0.42 450 LBS $189.00 $189.00
PHOSPHATE (P2O5) $0.39 180 LBS $70.20 $70.20
HERBICIDE $21.19 1 X/ACRE $21.19 $21.19
INSECTICIDE $72.27 1 X/ACRE $72.27 $72.27
PUMP WATER* 6 AC. IN.
CANAL WATER 50 AC. IN. $79.67 $79.67
______ ______
SUBTOTAL $552.33 $552.33
POWER ACCOMPLISHMENT PURCHASED FUEL FIXED
PREHARVEST OPERATIONS UNIT RATE INPUTS LABOR &OIL REPAIRS COST TOTAL
---------- ------- --- --------------- ----------------- ---------- ------ ------ ------ ------ -------
DISC 140 HP 0.14 HR $0.83 $1.48 $0.70 $2.20 $5.22
CHISEL 140 HP 0.20 HR $1.19 $2.12 $1.15 $3.15 $7.61
PLOW 140 HP 0.38 HR $2.26 $4.03 $2.76 $6.75 $15.81
DISC (2X) 140 HP 0.28 HR $1.67 $2.97 $1.41 $4.40 $10.44
LASER PLANE (CUSTOM) $73.33 $73.33
FERTILIZE 140 HP 0.05 HR $0.30 $0.53 $0.25 $0.68 $1.76
DISC & SPRAY 140 HP 0.17 HR $1.01 $1.80 $1.44 $3.08 $7.34
LISTER 140 HP 0.18 HR $1.07 $1.91 $1.08 $3.13 $7.19
PRE-IRRIGATE 0.75 HR $4.46 $0.37 $0.01 $1.86 $6.71
ROD WEEDER 40 HP 0.08 HR $0.48 $0.32 $0.10 $1.52 $2.42
ROLLING CULT 40 HP 0.21 HR $1.25 $0.85 $0.11 $0.21 $2.42
VEG PLANT-SHAPER 140 HP 0.26 HR $1.55 $2.76 $1.98 $5.62 $11.90
CULT & SIDEDRESS (4X) 140 HP 1.32 HR $7.85 $14.00 $7.89 $21.09 $50.82
ROLLING CULT (2X) 40 HP 0.42 HR $2.50 $1.70 $0.21 $0.43 $4.84
THIN & HOE (CUSTOM) $120.00 $120.00
ROTO BUCK (9X) 40 HP 0.14 HR $0.80 $0.55 $0.09 $0.84 $2.28
IRRIGATE (13X) 6.50 HR $38.68 $4.87 $0.15 $24.16 $67.85
_______ ___ _______ ______ ______ ______ ______ _______
SUBTOTAL 11.08 HR $193.33 $65.90 $40.25 $19.35 $79.11 $397.95
HARVEST OPERATIONS
------- -----------
ONION KNIVES 80 HP 0.27 HR $1.61 $2.86 $1.53 $5.45 $11.45
HARVEST & HAUL (CUSTOM) $907.50 $907.50
BAG RENTAL $82.50 $82.50
FIELD LOAD (CUSTOM) $0.00 $0.00
PROCESSING (CUSTOM) $1,568 $1,568
CONTAINER CHARGE $330.00 $330.00
BROKERAGE (CUSTOM) $423.23 $423.23
_______ ___ _______ ______ ______ ______ ______ _______
SUBTOTAL 0.27 HR $3,310.73 $1.61 $2.86 $1.53 $5.45 $3,322.18
OVERHEAD EXPENSES
-------- --------
DOWNTIME 1.02 HR $6.09 $6.09
EMPLOYEE BENEFITS $11.86 $11.86
INSURANCE $1.32 $1.32
LAND TAXES $9.38 $9.38
SUPERVISION AND MANAGEMENT $130.77 $130.77
OTHER EXPENSES $66.11 $66.11
_______ ___ ______ ______ ______ ______
SUBTOTAL 1.02 HR $67.43 $148.72 $9.38 $225.53
------- --- ------- ------ ------ ------ ------ -------
TOTAL OPERATING EXPENSES 12.37 HR $4,123.82 $216.22 $43.12 $20.89 $93.94 $4,497.98
NET OPERATING PROFIT $204.52
INTEREST ON OPERATING CAPITAL ( $615 @ 9.00%) $55.38
INTEREST ON EQUIPMENT INVESTMENT $35.89
RETURN TO LAND AND RISK $113.26
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*Pump water costs are shown under irrigation in the preharvest operation section.
BUDGET SUMMARY
GROSS RETURN $4,702.50 VARIABLE OPERATING EXPENSES $4,187.82 RETURN OVER VARIABLE EXPENSES $514.68 (GROSS MARGIN) FIXED EXPENSES $93.94 NET FARM INCOME $420.74 (RETURN TO CAPITAL, LABOR, LAND & RISK) LABOR AND MANAGEMENT COST $216.22 NET OPERATING PROFIT $204.52 (RETURN TO CAPITAL, LAND & RISK) CAPITAL COSTS $91.26 RETURN TO LAND AND RISK $113.26 ===================================================================================================================